Biondi to Join Fight for Time Warner

Viacom, Universal Ex-CEO
May Increase the Momentum
Of Icahn's Bid for Control

By

Matthew Karnitschnig Staff Reporter of THE WALL STREET JOURNAL

Updated Jan. 31, 2006 12:01 a.m. ET

Frank Biondi Jr., the former chief executive of Viacom Inc. and Universal Studios Inc., said he would help lead Carl Icahn's battle to take control of Time Warner Inc., a move that could inject the effort with momentum it has lacked.

Mr. Icahn, who began prodding Time Warner's management several months ago to pursue a restructuring, is assembling a slate of about 14 directors to challenge the company's board at its shareholder meeting...